Amazon.com, Inc. (NASDAQ:AMZN) is United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's 2nd Largest Position

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 827,439 shares of the e-commerce giant's stock after acquiring an additional 28,700 shares during the quarter. Amazon.com accounts for 7.1% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's portfolio, making the stock its 2nd largest position. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's holdings in Amazon.com were worth $181,532,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Accordant Advisory Group Inc grew its stake in Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Compass Planning Associates Inc acquired a new position in Amazon.com during the fourth quarter worth $51,000. Quattro Financial Advisors LLC raised its position in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in Amazon.com in the fourth quarter valued at $54,000. Finally, Iron Horse Wealth Management LLC grew its position in shares of Amazon.com by 64.4% in the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after acquiring an additional 112 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the completion of the sale, the senior vice president now owns 49,950 shares in the company, valued at approximately $10,864,125. This trade represents a 27.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last 90 days. 10.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AMZN. Deutsche Bank Aktiengesellschaft reduced their price target on Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a report on Monday, April 14th. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Wolfe Research boosted their price target on Amazon.com from $250.00 to $270.00 and gave the company an "outperform" rating in a research note on Friday, January 3rd. Maxim Group raised their price objective on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Morgan Stanley cut their target price on Amazon.com from $280.00 to $245.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Two investment analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $246.50.

Amazon.com Stock Performance

Shares of AMZN stock traded down $2.97 on Wednesday, hitting $184.42. 54,401,626 shares of the stock were exchanged, compared to its average volume of 41,672,387. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The firm's 50 day moving average is $191.39 and its two-hundred day moving average is $207.74. The firm has a market capitalization of $1.96 trillion, a PE ratio of 33.35, a P/E/G ratio of 1.50 and a beta of 1.39. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.